What is gift aid?
Gift Aid is a simple way to increase the value of your gift to a charity. Making your donation using Gift Aid will enable us to reclaim the basic rate tax on your gift. This means that if you give £100 using Gift Aid in the tax year 2005-6, that gift is worth £128.21.
How do I take advantage of Gift Aid?
One 'gift aid declaration' will cover all the gifts you make to all charities or good causes through the dove trust.You can call us to make a gift aid declaration on the telephone, or sign a gift aid declaration and send it to us.
Have I paid enough tax to claim gift aid?
Tax means either UK income tax or capital gains tax, on employment (wages or self-employed income) or unearned income, such as interest, dividends, pensions, property sales etc.
If you give £100 to the dove trust for a charity or good cause, then we will receive £28.21 through gift aid.
From a tax point of view you therefore need to have paid at least £28.21 in the tax year for us to make a claim.
Have you still got a query?
Please contact us if you have any questions.
Using the dove trust is a simple, effective, tax-efficient way of organising your charitable giving and support for good causes. You can give any amount on a regular basis, and give one-off donations to the dove trust at any time. You can give money or shares to us, and we will do all the administration to help you, and your chosen charities. We will hold an account for you so you can ask us to give money away to charity when you want to. You can ask us to distribute your account balance in any way you wish, to any charitable purpose, at any time. For individuals, the dove trust will reclaim tax of 28p for every £1 donation you make and after making a small administration charge, your reclaimed tax will also be available for you to give away. Higher rate taxpayers will get extra relief personally on the value of their donations.
All your giving is administered in one place and at the year-end we will give you all the information you need for your tax return. For companies, all donations are paid to us gross and tax relief is claimed when calculating your profits for corporation tax. . 40% taxpayers can get a tax refund on all their giving to charity and good causes, including giving shares. see our tax info page for all the details of the tax incentives for giving.
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